Unveiling the Real Matt Cain Net Worth: From MLB Salary to Endorsements and Investments
Matt Cain is a retired professional baseball player who spent his entire career with the San Francisco Giants. His net worth has been a topic of interest to many baseball enthusiasts. Apart from his lucrative salary as an MLB player, Cain also earned money from various endorsements and investments. Let’s unveil the real Matt Cain net worth by taking a deep dive into his earnings and investments.
Early life and Career
Matthew Thomas Cain was born on October 1, 1984, in Dothan, Alabama. His family moved to Germantown, Tennessee, where he attended Houston High School. Cain was drafted by the San Francisco Giants in the first round of the 2002 MLB Draft. He made his debut in the major leagues on August 29, 2005, and played his entire career with the Giants.
MLB Salary
During his career, Cain earned a total of $139.5 million in salary. He signed a six-year, $127.5 million contract extension with the Giants in 2012, which was the richest contract ever given to a right-handed pitcher at the time.
Endorsements
Cain signed endorsement deals with several companies, including Wilson Sporting Goods, Pepsi, and Nissan. He also appeared in commercials for AT&T alongside his Giants teammates.
Investments
Cain invested in several business ventures outside of baseball. He co-owns a restaurant in Memphis, Tennessee, with his brother. In 2016, he joined other MLB players in investing in the e-sports startup, Super League Gaming.
Charity Work
Cain has been involved in philanthropy work throughout his career. He supported the Make-A-Wish Foundation and hosted a golf tournament to raise money for the organization. He also donated $50,000 to UCSF Benioff Children’s Hospitals in 2012.
Retirement and Current Ventures
Cain retired from baseball in 2018 and currently serves as a special assistant in the Giants’ front office. He also co-owns a winery, The Twelve, in Napa Valley, California.
Real Estate
Cain owns a lavish house in Scottsdale, Arizona, which he bought in 2012 for $5.45 million. The house has six bedrooms, seven bathrooms, and a private theater.
Net Worth
Cain’s net worth is estimated to be around $80 million. His earnings from MLB salary, endorsements, investments, and other ventures have contributed to his wealth.
Conclusion
Matt Cain’s net worth is a combination of his baseball career, endorsements, investments, and business ventures. He has been actively involved in philanthropy work and has made smart investment choices outside of baseball. His net worth is a testament to his hard work and dedication to his craft.
FAQs
1. What was Matt Cain’s salary in the MLB?
Matt Cain earned a total of $139.5 million in salary during his MLB career.
2. Did Matt Cain have any endorsements?
Yes, Cain signed endorsement deals with companies such as Wilson Sporting Goods, Pepsi, and Nissan.
3. What other investments does Matt Cain have?
Cain co-owns a restaurant in Memphis, Tennessee, and invested in the e-sports startup, Super League Gaming.
4. What is Matt Cain’s current net worth?
Cain’s net worth is estimated to be around $80 million.
5. What is Matt Cain doing after retirement?
Cain currently serves as a special assistant in the Giants’ front office and co-owns a winery in Napa Valley, California.